BitUp is a price-elastic token with an adjusting supply. Rebases make price-elastic tokens into synthetic commodities with fluctuating values and supplies that gradually stabilize. 

Ultimately, rebases are designed to be tradable and potentially extremely profitable. And now with Bitcoin rewards!

BitUp, the first automatic rebasing token that is programmed to keep the chart constantly in an uptrend and also provides BTC rewards to holders!

Rebase explained.

BitUp is an elastic supply token, this means that the total supply of the token is changing.

Supply and price changes happen every now and then and they are called “Rebases”. Rebases will push the price to a rising price peg by burning supply.

It looks something likes this: Rebase is called

-> Overall tokens in the ecosystem decreases (including tokens in your wallet) 

-> The price of the token is bumped up 

-> Overall value of your holdings remain the same. The decrease in tokens is offset by the increase in price and the total value of your holding is unchanged. 

You will still own the same % of the total token supply as before the rebase. It is important to note that rebases DO NOT affect the actual value of your holdings. 

How does it help?

Rebasing mechanism guarantees that the price of the token will always go up. This will keep the chart on listing sites green as the charts follow the token price.

Constantly rising chart helps us get trending on all the largest listing sites such as CoinGecko, Dextools, CoinmarketCap, thus bringing new investors to the BitUp family.

A rising chart combined with BTC rewards as an incentive to hold will help investors earn returns never seen on the market before.

Tokenomics

BitUp is the first Rebase token to bring BTC rewards as an additional incentive to hold and earn.

6% Marketing & Buyback

This tax ensures there is a sufficient amount of funds to sustain the coin in the long run and if needed, will be used to buy tokens to support the chart.

1% Ecosystem

This tax exists such that all the marketing tax can be used on the project and any extra costs can be taken care of through these funds.

3% Liquidity

Meaning that we will always maintain a stable liquidity pool, keeping your investment safer and more sustainable to hold for the long term.

5% BTC Rewards

This tax ensures there is a sufficient amount of funds to sustain the coin in the long run and if needed, will be used to buy tokens to support the chart.

What is Rebase?

Rebase is an increase or decrease in the total supply of a given token across all holding pools and all wallets. This is done in order to adjust the token price, without affecting the value of anyone’s share of coins. This can be beneficial as the chart will always look healthy regardless of dips and we can be on the top gainer’s parts of websites due to the illusion of a rise in price floor so is a brilliant marketing tool in itself.

​How and Where to Buy BITUP token?

BITUP token is now live on the Binance mainnet. The token address for BITUP is 0x28a27ba716d306c842a4b5da20a42e1d4d1e8d6b. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise you to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

Source: Coin Introduction <https://morioh.com/p/b283984ac078>